SENSEX
NIFTY
GOLD
USD/INR

Weather

image 18    C

Economy News

The Economic Times

Economy / The Economic Times

details

Bank-NBFC co-lending pacts may be expanded to aid MSMEs

A parliamentary panel suggests boosting bank and NBFC co-lending to help MSMEs access cheaper credit. It also proposes listing profitable regional rural banks and reinforcing state-run general insurers. The committee highlighted a significant credit gap for small businesses and a decline in insurance penetration. Recommendations include developing climate risk insurance and using business correspondents to reach rural areas.

17 Mar 2026 12:55 am